The forecast for Great Mediterranean Scallop production in Italy from 2024 to 2028 shows a slight decline. In 2023, the production value was approximately 10.65 thousand euros per metric ton, indicating a decline over the forecasted period. From 2024 to 2025, there is a decrease of 1.52%, from 2025 to 2026 a decrease of 1.45%, from 2026 to 2027 a decline of 1.57%, and from 2027 to 2028, a decline of 1.49%. The compound annual growth rate (CAGR) over this period is negative, indicating an average annual decrease in value.
Future trends to watch for include potential fluctuations in market demand for scallops, changes in environmental regulations or sustainability practices affecting capture fisheries, and technological advancements in fishing methods. Additionally, economic factors such as inflation and currency exchange rates could further influence production values and market dynamics.
